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$3,650,000
Available - For Sale
Listing ID: X10440484
This is a rare opportunity to acquire a free-standing Industrial building located in the Colonnade Business Park. The subject property road sits on the south side of Colonnade Road North. Currently home to Ottawa Diamond flooring, the building is laid out with a warehouse, showroom and offices. Flexible zoning (IG5) allows for a variety of uses including; light industrial, office, research and development center and medical facility. 42 Colonnade is +/- 7,350 sf ground floor industrial/flex building comprised of warehouse, and showroom with some enclosed offices. Built in 1978 the original building comprises of the overall area in wood frame construction with a poured concrete foundation. Warehouse clear height is approx. 11 feet to underside of the steel beam. Power supply is 400amp, 240 volt with 3 phase. The property benefits from an abundance of paved parking with approximately 25 - 30 stalls at both the front and rear.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $19,995 $39,990 $59,985 $79,980
First Mortgage $379,905 $359,910 $339,915 $319,920
CMHC/GE $10,447.39 $7,198.2 $5,948.51 $0
Total Financing $390,352.39 $367,108.2 $345,863.51 $319,920
Monthly P&I $1,671.85 $1,572.3 $1,481.31 $1,370.19
Expenses $0 $0 $0 $0
Total Payment $1,671.85 $1,572.3 $1,481.31 $1,370.19
Income Required $62,694.34 $58,961.1 $55,549 $51,382.22

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

42 COLONNADE Road , Cityview - Parkwoods Hills - Rideau Shor, K2E 7J6, Ottawa


 
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At a Glance:
Type: Com - Industrial
Area: Ottawa
Municipality: Cityview - Parkwoods Hills - Rideau Shor
Neighbourhood: 7203 - Merivale Industrial Park/Citiplace
Style:
Lot Size: 32.72 x 235.00(Feet)
Approximate Age:
Tax: $25,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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